Saudi Arabia is involved in the unlawful buying and selling of domestic workers, who are trafficked to the highest bidders in the kingdom. According to an investigation by the UK-based newspaper, the Times, domestic workers are being illegally...
Saudi Arabia’s Public Investment Fund (PIF), headed by Crown prince Mohamed bin Salman (MBS), took control of augmented reality pioneer Magic Leap for $450 million, The Telegraph reported this week. The US-based tech firm, which was supported with...
Saudi Arabia’s Cultural Development Fund is poised to launch a new $233m ($879m Saudi Riyal) film industry financing program in the first quarter of 2023, which will be open to both local and international entities, Deadline Hollywood reveled this...
The Guardian has revealed in a new piece released this week that Richard Edelman, the CEO of the $1bn public relations firm Edelman, signed $9.6m in deals with the Saudi government over the past four years to sanitize the kingdom’s image. The work...
Dezeen Magazine said in a new report criticising Saudi huge spending on unreal megacities, saying that architecture is often drawn to authoritarian regimes, as well, for no other reason than their ability to do things by decree, citing Neom mega...
The United States Institute of Peace said in a new report that even as China’s ties with Saudi Arabia and the region deepen, Washington remains an indispensable partner despite perceptions of retrenchment. The United States has long been Saudi...
Forbes magazine revealed in a recent report that Lucid Group’s share price has sharply declined after losing 82% of its value this year. Saudi Arabia’s Public Investment Fund holds nearly 62% of Lucid’s common stock, the US...
In a rare interview with the Saudi state-owned Al-Arabiya news channel, the Israeli newly-elected Prime Minister Benjamin Netanyahu renewed vows to normalise ties with Saudi Arabia once he takes office. I think we can have a new peace initiative...
Saudi Arabia’s Crown Prince Mohammed bin Salman (MBS) has spent billions of dollars on high-profile international sporting events in a bid to bolster his reputation, which hit a low after the 2018 assassination of Washington Post columnist...
The Saudi governor of the sector’s General Authority Ahmad Al-Ohali said that Saudi Arabia has spent 5.1 billion riyals ($1.4 billion) in incentives to boost its local military industry over the last two years. Ahmad Al-Ohali said the...